Audience

Organizations that want to use AI to automatically negotiate better agreements

About Pactum

Pactum is an AI-powered product that automates and optimizes the negotiation process to achieve better agreements. It focuses on high-volume, low-cost agreements that are often left unmanaged or renegotiated at high expense. By leveraging advanced AI technology, Pactum aims to deliver a 4.2% increase in profitability on average. The negotiation processes of Pactum's clients are, on average, 71% fully automated, requiring zero human involvement, thus saving time and resources. It has the capability to negotiate thousands of deals simultaneously, allowing users to engage with their entire long-tail simultaneously.

Integrations

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Company Information

Pactum
Founded: 2019
United States
pactum.com

Videos and Screen Captures

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Product Details

Platforms Supported
Cloud
Training
Documentation
Live Online
Webinars
In Person
Videos
Support
Phone Support
Online

Pactum Frequently Asked Questions

Q: What kinds of users and organization types does Pactum work with?
Q: What languages does Pactum support in their product?
Q: What kind of support options does Pactum offer?
Q: What other applications or services does Pactum integrate with?
Q: What type of training does Pactum provide?
Q: What pricing for support is available for Pactum?
Q: What pricing for training is available for Pactum?

Pactum Product Features

Artificial Intelligence

For Healthcare
Multi-Language
Chatbot
For Sales
Rules-Based Automation
Machine Learning
Natural Language Processing
Predictive Analytics
Virtual Personal Assistant (VPA)
Process/Workflow Automation
For eCommerce
Image Recognition

Procurement

Bid Management
Contract Management
Sourcing Management
Asset Management
Auction Management
Budget Management
Catalog Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Spend Management
Supplier Management

Pactum Additional Categories